Jonathan is aged 63 and has practiced mixed farming for thirty-eight years in his rural home in Western Kenya, mainly producing milk and tea which are sold to Kenya Co-Operative Creameries and Kenya Tea Development Authority respectively. He also produces poultry which go to the local market.
Jonathan has requested a loan of 60,000 KES from Kiva partner Juhudi Kilimo to improve his dairy farming business. He says he will buy a chuff cutter at 30,000 KES to ease the feeding of his animals as well as constructing a dairy unit at a cost of 30,000 KES. He says the income will majorly go into providing basic needs for his last four children who are still schooling.
He is grateful to Juhudi Kilimo's loans services which he adds have changed the lives of many farmers.
To facilitate a partnership between Kiva and Juhudi Kilimo, K-Rep Group (Juhudi Kilimo’s 100% owner) has guaranteed Kiva funds in the event of institutional default. Lenders should be aware that the risk of borrower default remains borne by the lender.
About Juhudi Kilimo:
Juhudi Kilimo is a for-profit social enterprise working with small-holder farmers in Kenya to finance purchases of dairy cows, chickens, agricultural equipment, and other assets that create immediate cash flow. Many of the assets are insured to prevent devastating business losses, and targeted technical assistance is provided to farmers, from agricultural training to basic book keeping and local market research.